In many application scenarios the database is changing quite rapidly. Because the management of such data is rather expensive and cumbersome, many applications like data warehouse...
We investigate the use of Antithetic Variables, Control Variates and Importance Sampling to reduce the statistical errors of option sensitivities calculated with the Likelihood Ra...
Abstract- Monte Carlo simulations have been successfully used in classic turn–based games such as backgammon, bridge, poker, and Scrabble. In this paper, we apply the ideas to th...
Efficient exploitation of the aggregate resources available to a researcher is a challenging and real problem. The challenge becomes all the greater when researchers who collaborat...
Abstract. In this article we present the framework of Possibilistic Influence Diagrams (PID), which allow to model in a compact form problems of sequential decision making under un...